BJ's: Fiscal Q4 Earnings Snapshot

MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — BJ's Wholesale Club Holdings Inc. (BJ) on Thursday reported fiscal fourth-quarter net income of $145.9 million.

The Marlborough, Massachusetts-based company said it had net income of $1.08 per share. Earnings, adjusted for restructuring costs, came to $1.11 per share.

The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.

The wholesale membership warehouse operator posted revenue of $5.36 billion in the period, which did not meet Street forecasts. Seven analysts surveyed by Zacks expected $5.37 billion.

For the year, the company reported profit of $523.7 million, or $3.88 per share. Revenue was reported as $19.97 billion.

BJ's expects full-year earnings in the range of $3.75 to $4 per share.

BJ's shares have increased 8% since the beginning of the year. The stock has declined 1.5% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BJ at https://www.zacks.com/ap/BJ